Oil dependence and entrepreneurship: Non-linear evidence

被引:3
|
作者
Awoa, Paul Awoa [1 ]
Efogo, Francoise Okah [1 ]
Ondoa, Henri Atangana [1 ]
机构
[1] Univ Yaounde 2, Yaounde, Cameroon
关键词
Oil rents; Entrepreneurship; Institutions; Panel threshold regression; NATURAL-RESOURCE CURSE; INSTRUMENTAL VARIABLE ESTIMATION; RENT-SEEKING; ECONOMIC-FREEDOM; DYNAMIC PANELS; GROWTH; COUNTRIES; GOVERNANCE; ABUNDANCE;
D O I
10.1016/j.ecosys.2022.101059
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the empirical nature of the oil dependence-entrepreneurship nexus, building on recent research that extends the "resource curse" beyond its effects on economic growth. For the period from 2006 to 2018, the sample includes 115 countries at various stages of economic development. Using panel threshold methods, we discover an inverted U-shaped relationship, indicating that even small increases in oil rents increase entrepreneurship below the threshold. Globally, oil rents above a threshold of 77 % stifle entrepreneurship. Regional differences and institutional vulnerability act as moderators.(c) 2022 Published by Elsevier B.V.
引用
收藏
页数:13
相关论文
共 50 条
  • [1] Non-linear density dependence in time series is not evidence of non-logistic growth
    Doncaster, C. Patrick
    [J]. THEORETICAL POPULATION BIOLOGY, 2008, 73 (04) : 483 - 489
  • [2] Non-linear array dependence analysis
    Pugh, W
    Wonnacott, D
    [J]. LANGUAGES, COMPILERS AND RUN-TIME SYSTEMS FOR SCALABLE COMPUTERS, 1996, : 1 - 14
  • [3] Non-linear models for extremal dependence
    Mhalla, Linda
    Chavez-Demoulin, Valerie
    Naveau, Philippe
    [J]. JOURNAL OF MULTIVARIATE ANALYSIS, 2017, 159 : 49 - 66
  • [4] Non-linear relationship between oil and cryptocurrencies: Evidence from returns and shocks
    Naeem, Muhammad Abubakr
    Karim, Sitara
    Abrar, Afsheen
    Yarovaya, Larisa
    Shah, Adil Ahmad
    [J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2023, 89
  • [5] The non-linear impact of oil price on the oil demand
    Wu, Ming-Cheng
    Liang, Andrew Yi-Hung
    Yang, Lori Tzu-Yi
    Chou, Chin-Mei
    [J]. APPLIED ECONOMICS, 2020, 52 (45) : 4992 - 5004
  • [6] Non-linear Dependence in the Malaysian Stock Market
    Lim, Kian-Ping
    Habibullah, Muzafar Shah
    Lee, Hock-Ann
    [J]. PERTANIKA JOURNAL OF SOCIAL SCIENCE AND HUMANITIES, 2005, 13 (01): : 23 - 38
  • [7] Non-linear array data dependence test
    Huang, TC
    Yang, CM
    [J]. JOURNAL OF SYSTEMS AND SOFTWARE, 2001, 57 (02) : 145 - 154
  • [8] The dependence of overwrite on non-linear transition shift
    Taratorin, A
    Wilson, B
    Wang, SX
    [J]. IEEE TRANSACTIONS ON MAGNETICS, 1997, 33 (05) : 2689 - 2691
  • [9] NON-LINEAR DEPENDENCE OF CATHODOLUMINESCENCE ON ACTIVATOR CONCENTRATIONS
    OZAWA, L
    [J]. APPLIED PHYSICS LETTERS, 1978, 33 (07) : 586 - 587
  • [10] Non-linear dependence in inter-war exchange rates: some further evidence
    McMillan, DG
    Speight, AEH
    [J]. APPLIED ECONOMICS LETTERS, 2002, 9 (06) : 359 - 364